Amazon Restructures Health Business

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Amazon Care

CNBC

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Health

Amazon reorganizes health-care business in latest bid to crack multitrillion-dollar market

Summary

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85% Informative

Amazon is reorganizing its health-care business into six "pillars" Amazon Health Services will be divided into six new units, with a goal of creating a simpler structure.

The reorganization comes after Amazon lost several senior health leaders in recent months .

Amazon has struggled to find a consistent strategy in the U.S. health care market after acquiring PillPack and One Medical.

One Medical went public in 2020 , and it was still losing money when it was bought by Amazon .

Amazon said in January of 2024 that its pharmacy business "doubled the number of customers" it served in the past year .

Amazon is opening pharmacies in 20 new cities this year , and about 45% of U.S. customers will be eligible for same-day medication delivery.

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Informative language

Neutral language

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formal

Language

English